{"id":28809,"date":"2025-05-27T14:01:51","date_gmt":"2025-05-27T14:01:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28809"},"modified":"2025-05-27T14:01:51","modified_gmt":"2025-05-27T14:01:51","slug":"strive-closes-750m-investment-deal-to-power-alpha-generating-bitcoin-strategy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28809","title":{"rendered":"Strive Closes $750M Investment Deal to Power &#8216;Alpha-Generating&#8217; Bitcoin Strategy"},"content":{"rendered":"<div>\n<p>Strive closed a $750 million private investment in public equity (PIPE) round, with an option to increase the financing by another $750 million if the warrants are exercised. <\/p>\n<p>This capital will fund Strive\u2019s initial wave of bitcoin BTC buys as the firm builds its bitcoin treasury. The Vivek Ramaswamy-founded firm will deploy alpha-generating strategies aimed at outperforming bitcoin.<\/p>\n<p>CEO Matt Cole emphasized that Strive\u2019s approach demands a new valuation framework. This strategy is driven by acquisitions of undervalued biotech firms, distressed bitcoin claims\u2014including Mt. Gox claims via a partnership with 117 Partners LLC\u2014and discounted tranches of structured bitcoin credit.<\/p>\n<p>Last week, the firm said it is <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/21\/strive-eyes-79b-distressed-mt-gox-bitcoin-claims-to-accumulate-discounted-btc\">eyeing $7.9 billion worth of Mt. Gox bitcoin claims<\/a> as it looks to build its bitcoin treasury and go public via a merger with <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/07\/strive-asset-management-to-go-public-launch-bitcoin-treasury-strategy-in-merger\">Asset Entities <\/a>(ASST).<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/21\/strive-eyes-79b-distressed-mt-gox-bitcoin-claims-to-accumulate-discounted-btc\">Strive Eyes $7.9B Distressed Mt. Gox Bitcoin Claims to Accumulate Discounted BTC<\/a><\/em><\/strong><\/p>\n<p>The PIPE was priced at $1.35 per share, a 121% premium over ASST\u2019s pre-announcement closing price, and carries no debt financing to preserve future leverage capacity. <\/p>\n<p>Cole is set to present these strategies at the bitcoin for Corporations Symposium in Las Vegas. <\/p>\n<p>Cantor Fitzgerald &amp; Co. served as exclusive financial advisor and placement agent, with legal counsel provided by Davis Polk, DLA Piper, and Bevilacqua PLLC.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/07\/strive-asset-management-to-go-public-launch-bitcoin-treasury-strategy-in-merger\">Strive Asset Management to Go Public, Launch Bitcoin Treasury Strategy With Merger<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strive closed a $750 million private investment in public equity (PIPE) round, with an option to increase the financing by another $750 million if the warrants are exercised. This capital will fund Strive\u2019s initial wave of bitcoin BTC buys as the firm builds its bitcoin treasury. The Vivek Ramaswamy-founded firm will deploy alpha-generating strategies aimed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28809","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28809"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28809\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}